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Magic AI Secures $117M to Build an AI Software Engineer

maginative.com

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Re: Magic AI Secures $117M to Build an AI Software Engineer

#81
post #13

Earlier quoted context omitted.

Just wait until ai invents its own npm that people are no longer able to understand. Good luck with that.

Some say that node_modules directory is the heaviest object in the universe. All we know it's called the Node JS.

No wonder i was feeling a strong gravitational pull running npm install.

I'm afraid if i run a 'rm -rf' command i might take out the entire electrical grid!

Re: Magic AI Secures $117M to Build an AI Software Engineer

#82
post #67

Earlier quoted context omitted.

what will happen to their wages when all white-collar workers take up that career?

They can go back to work in the farms, or weave baskets, or pottery... Still not good? Ok, maybe this is too radical but hear me out: how about we take this incredible increase in productivity as an opportunity to start paving the way for a true post-scarcity future that can benefit most people, eliminate intellectual property and take everything produced by robots to fund UBI, instead of worrying about our cushy job…

I enjoy having drinks with people who have also come to this conclusion.

Re: Magic AI Secures $117M to Build an AI Software Engineer

#83
post #60

Earlier quoted context omitted.

I mean, yes, but also management is a wayyy less skilled job that’s far easier to automate. That goes away shortly after we get a competent AI engineer. Business analysts are also incredibly vulnerable - why have a middle man if the machine understands your requirements in English/French/whatever?

> I mean, yes, but also management is a wayyy less skilled job that’s far easier to automate. This is a pretty wild take. The job that is 99% dealing with human interactions is easier to automate than the job where you make a computer do what you want?

Yes? Customer support is basically solved by Gemini 1.5 in its current state, but it doesn't replace a software engineer.

These transformer models are much better at soft skills than hard skills.

Re: Magic AI Secures $117M to Build an AI Software Engineer

#84
post #68
post #57

Earlier quoted context omitted.

Beyond the snark, this is basically it. It's the same reason the Roman Empire, despite all its technological prowess, never tried hard to automate relatively low-hanging-fruit tasks: because slaves were cheap, plentiful, and more flexible ("reprogrammable") than anything mechanical could ever be. If it costs $1m p/y to run a machine that cooks burgers and fries, or $30k for an employee who can do that _and_ cover som…

> If a machine costs 500k p/y Do you mean an AI programmer would cost $500k per year? If so I think you greatly overestimate the cost. Recently I did some text processing with GPT-4 turbo (128k context) and I reached the daily limit of 5 million tokens. IIRC it cost me around $70 bucks for the day. I think $70 is the hourly rate of a SE with $150k salary working 40 hours per week. Note that we are at early stages wit…

> If so I think you greatly overestimate the cost.

I suspect you underestimate it. Raw engine cost is one thing; what businesses downstream will actually pay, is another. Look at AWS: a lot of businesses don't even touch it directly, their vendor ISPs do. If "AIDev" really becomes a thing, businesses will buy specialized services (e.g. "ApiBuilder.io", "YAMLCrusher.io", etc etc), which will obviously command a premium on top of top-tier, 5-9s guaranteed, "raw" ml engines.

Re: Magic AI Secures $117M to Build an AI Software Engineer

#86

Earlier quoted context omitted.

You're already "inside". The danger with automation is that it can pull up the ladder of developing junior talent on nuts-and-bolts, especially if these platforms aren't accessible to students and small-time developers.

Architecture doesn't matter anymore. I can have the AI do general purpose computing. Who cares if its slow? Integration work between two systems? Why bother writing APIs when my robot can spawn 1000 tabs and do manual data entry. Eventually they can just speak English to each other

What general purpose computers have you chosen for this task?

Re: Magic AI Secures $117M to Build an AI Software Engineer

#87
post #67

Earlier quoted context omitted.

what will happen to their wages when all white-collar workers take up that career?

They can go back to work in the farms, or weave baskets, or pottery... Still not good? Ok, maybe this is too radical but hear me out: how about we take this incredible increase in productivity as an opportunity to start paving the way for a true post-scarcity future that can benefit most people, eliminate intellectual property and take everything produced by robots to fund UBI, instead of worrying about our cushy job…

Oh cool, when do we get to that future? What’s the realistic path from today to there?

Re: Magic AI Secures $117M to Build an AI Software Engineer

#88
post #21

2022 founded 145mn raised to date. No demo at all.

I’m not saying they’re not vapour, but the article does mention a series of closed door demos and thousands of GPUs deployed, so it at least appears that someone has seen something .

Clinkle raised $25M too.

Re: Magic AI Secures $117M to Build an AI Software Engineer

#90
post #8
post #2

Maybe I'm naive, but I just don't feel threatened by this at all. As a software engineer, I'd love to have an AI engineer automate the boring stuff so I can work on higher-level architecture concerns.

As a software engineer, no, there's no reason to be worried. But what if you were a wordpress developer where a big chunk of your work can be automated?

Honestly if you're letting yourself sink that deeply into a niche, and neglecting broader programming skills such that you're unemployable outside it, you have no one else to blame when that comes back to bite you.
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